Post
Topic
Board Skandinavisk
Re: [ANN] Justcoin (Norway)
by
simenfd
on 11/06/2013, 22:10:52 UTC
Noe annet dere også kan vurdere er såkalt "dark pool" funksjonalitet.  I stedet for tradisjonelle bid/ask ordrebøker så matcher man til en beregnet dynamisk mid-price, som tar utgangspunkt i noen av de største børsene (Mt.Gox etc..)  Ordreboken er i såfall usynlig inntil match.

About Dark Pools
• Buyers and sellers submit orders
into a dark pool. All orders are
hidden until after execution.
• Orders can optionally be assigned a
minimum execution size and/or a
limit price.
• When buy/sell orders can be
matched, the execution price is the
mid-point price of the primary
(reference) venue.
• Dark pool orders can be used to
minimise the ‘price impact’ of
trading.
• Dark pool trades occur at a better
price than aggressive orders sent to
the primary venue. (Improvement of
half the spread).
• Since resting dark pool orders are
hidden, there is no way of knowing
if an aggressive order will execute
until it is sent.
• At times, the reference price may be
unreliable and out of synch with
other venues creating the potential
for adverse selection.